40 Income Statement      
         
         
  Thrift Bank Group      
  as of end of periods indicated      
  amounts in thousand Pesos      
         
   
  Selected Accounts Mar-21 Jun-21  
   
  TOTAL OPERATING INCOME   18,791,634.50 39,346,053.98  
  Interest Income 20,288,129.20 40,949,785.59  
  Interest Expense 3,520,250.17 6,756,922.25  
  Provision for Losses on Accrued Interest Income from Financial Assets 94,023.76 83,220.38  
  Net Interest Income 16,673,855.28 34,109,642.97  
  Non-Interest income 2,117,779.22 5,236,411.01  
  (1) Dividend Income 4,084.18 11,902.32  
  (2) Fees and Commissions Income 1,643,715.59 3,268,589.24  
  (3) Trading Income (90,132.21) 754,315.55  
  (a) Realized Gains/(Losses) from Sale/Redemption (10,505.43) (27,363.43)  
  (b) Unrealized Gains/(Losses) from Marking-to-Market (279,902.82) (138,897.21)  
  (c) Realized Gains/(Losses) from FX Transactions 24,832.59 54,714.47  
  (d) Foreign Exchange Profit/(Loss) 23,698.09 46,097.01  
  (e) Profit/(Loss) from Sale/Redemption/Derecognition of Non-Trading Fin'l Assets & Liabilities (17,714.42) 345,552.76  
  (f) Profit/(Loss) from Sale/Derecognition of Non-Fin'l Assets 169,058.37 473,234.66  
  (g) Profit/(Loss) on Financial Assets and Liabilities DFVPL 401.41 977.30  
  (h) Profit/(Loss) on Fair Value Adjustment in Hedge Accounting 0.00 0.00  
  (4) Other income 560,111.66 1,201,603.90  
  NON-INTEREST EXPENSES 12,283,004.16 25,128,304.61  
  (1) Compensation/Fringe Benefits 4,065,452.52 8,199,754.47  
  (2) Taxes and Licenses 1,203,907.46 2,369,583.21  
  (3) Fees and Commissions 778,191.37 1,538,934.14  
  (4) Other Administrative Expenses 4,627,884.17 9,364,272.06  
  (5) Depreciation/Amortization 1,175,109.47 2,391,079.48  
  (6) Impairment Losses 254,596.05 473,251.33  
  (7) Provisions 177,863.13 791,429.92  
  LOSSES/RECOVERIES ON FINANCIAL ASSETS (1,999,415.33) (5,016,255.05)  
  (1) Provision for Credit Losses on Loans & Other Fin'l Assets (2,215,192.07) (5,382,233.57)  
  (2) Bad Debts Written Off (9,042.48) (11,797.09)  
  (3) Recovery on Charged-Off Assets 224,819.22 377,775.62  
  NET PROFIT BEFORE SHARE IN THE PROFIT/(LOSS) OF UNCONSOLIDATED SUBSIDIARIES, ASSOCIATES AND JOINT VENTURES ACCOUNTED FOR USING THE EQUITY METHOD 4,509,215.02 9,201,494.32  
  Share in the Profit/(Loss) of Unconsolidated Subsidiaries, Associates and Joint Ventures Accounted for Using the Equity Method (7,351.47) 20,198.31  
  TOTAL PROFIT/LOSS BEFORE TAX AND BEFORE MINORITY INTEREST 4,501,863.55 9,221,692.63  
  Income Tax Expense 1,763,412.19 2,578,539.13  
  TOTAL PROFIT/LOSS AFTER TAX AND BEFORE MINORITY INTEREST 2,738,451.36 6,643,153.50  
  Minority Interest in Profit/(Loss) of Subsidiaries 0.00 0.00  
  NET PROFIT OR LOSS 2,738,451.36 6,643,153.50  
         
Source : Department of Supervisory Analytics, Financial Supervision Sector, Bangko Sentral ng Pilipinas
Updated as of 9 August 2021